A and B are partners sharing profits and losses in the ratio of 5 : 4. C is admitted for \(\frac{1}{5}\)th share. A and B decide to share equally in future. Sacrificin. ratio will be :

🎲 Try a Random Question  |  Total Questions in Quiz: 60  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
MCQs for Admission of a Partner — practice the complete quiz, review flashcards, or try a random question.


A and B are partners sharing profits and losses in the ratio of 5 : 4. C is admitted for \(\frac{1}{5}\)th share. A and B decide to share equally in future. Sacrificin. ratio will be :